CNBC Business

Dow futures trimmed earlier gains as U.S. oil prices turned lower after a five-session winning streak.

The Covid-19 outbreak cut deeply into GM's performance, costing the largest U.S. automaker $1.4 billion before taxes during the first three months.

"This situation makes me sick, because (it) is totally avoidable," Lucica Ditiu, executive director of the Stop TB Partnership, said.

The new coronavirus strain began spreading in Europe in early February before migrating to other parts of the world, including the U.S., becoming the dominant form of the virus across the globe by the end of March, researchers at the Los Alamos National Laboratory found in a new study.

The company closed two pork processing plants, including the Iowa plant, to contain the spread of the coronavirus, further tightening meat supplies after other major slaughterhouse shutdowns.

Johns Hopkins University data showed over 3.65 million people have now been infected with the coronavirus and more than 256,800 have died.

Norwegian Cruise Line Holdings' stock could see some near-term relief after plunging on the company's latest attempts to avoid bankruptcy, says analyst Matt Maley.

Egyptian billionaire Naguib Sawiris said he would buy airlines, going against fellow billionaire investor Warren Buffett, who announced that Berkshire Hathaway sold all airline stocks at the firm's annual meeting on Saturday.

The global pandemic would have been more difficult for Egypt if not for comprehensive reforms on taxes, budgets and foreign exchange that the country undertook, said Rania al-Mashat, minister for international cooperation.

Helen Clark, who was New Zealand's prime minister from 1999 to 2008, said the World Health Organization has done "quite a reasonable job" in coordinating the global health response.

The coronavirus pandemic might have peaked, but the political fallout from it is just picking up pace and investors are getting very worried, said an economist on Wednesday.

Extending social contact to small groups outside our own households has been suggested as a way to get out of lockdowns but experts question how practical this strategy is to implement.

During the Labor Day holiday that ran from May 1 to May 5 this year, China recorded tourism revenue of 47.56 billion yuan ($6.79 billion), down nearly 60% from last year, according to the Ministry of Culture and Tourism.

Migrant workers living dormitories have accounted for around 87.6% of Singapore's total 19,410 confirmed cases as of Tuesday, according to the health ministry.

From spring breaks to summer holidays, the coronavirus pandemic has disrupted travel plans globally as lockdown measures keep much of the world's population at home.

Virgin Galactic reported first quarter results after the market closed on Tuesday.

The initial inquiry, which is being conducted by the office's Civil Division, is in a fact-finding stage after the women raised their concerns publicly.

Masimo CEO Joe Kiani discussed how the medical device maker's telehealth systems can be useful in the fight against coronavirus.

Covid-19 has infected more than 3.6 million people around the world as of Tuesday, killing at least 254,430 people.

"[A]s the country gradually reopens, there are some industries that should do much, much better," the "Mad Money" host said.